tag:blogger.com,1999:blog-32053362.post5783944803443078762..comments2024-03-26T00:25:34.026-04:00Comments on Not Running a Hospital: What's the story behind the story?Paul Levyhttp://www.blogger.com/profile/17065446378970179507noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-32053362.post-53801718666848225142011-08-13T07:24:09.223-04:002011-08-13T07:24:09.223-04:00Paul,
What do you think this will mean for Boston...Paul,<br /><br />What do you think this will mean for Boston Medical Center? McKinsey did an analysis recently and CEO says "options" for "vibrant" future will be revealed in September.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32053362.post-10280304938743879772011-08-12T11:27:38.482-04:002011-08-12T11:27:38.482-04:00Paul, Years ago, NHP was purchased by HCHP to mana...Paul, Years ago, NHP was purchased by HCHP to manage their medicaid patients as well. It was a similar deal (money to a fund to provide grants to Health Centers etc). The problem became that Medicaid decided since "big pockets" now owned NHP, they could cut the reimbursement to the same level as everyone else (NHP had negotiated higher rates so as to continue in business). The reduced rates convinced HCHP that the purchase was a bad deal and NHP was spun off and became independant again. Time will tell if history repeats itself fully here. JackJack cogswellnoreply@blogger.comtag:blogger.com,1999:blog-32053362.post-36098483318870768782011-08-11T22:20:55.700-04:002011-08-11T22:20:55.700-04:00Deborah Enos, from Neighborhood Health Plan, poste...Deborah Enos, from Neighborhood Health Plan, posted a comment in response to a reprint of portions of this blog post on WBUR's CommonHealth. I reprint her comment here. It is interesting but does not answer the question I raise with regard to a new ownership relationship, nor why it is in the interest of PHS to do this. Nothing she says requires ownership, just a strategic relationship. (Also, I never said NHP was struggling. I said it was financially stressed, something inherent in today's marketplace.) Maybe she'd like to comment here, so others will see her point of view and ask questions.<br /><br />"The Letter of Intent that was signed between Neighborhood Health Plan and Partners HealthCare is a very exciting and, I believe, important moment for Neighborhood Health Plan and Partners HealthCare. At NHP we are very excited about the prospect of bringing two strong organizations together (we are not struggling financially) to better serve a population that is vulnerable and in need in a more coordinated way, and in a way that has the potential to improve the patient experience and help to bring down costs. NHP is already one of the most affordable of all insurers in the Commonwealth, and Partners HealthCare is part of our network of providers. So there is no reason to think that we won’t continue to offer affordable health coverage and, in fact, work together on efforts to hold down costs. Both organizations are also deeply committed to Community Health Centers and believe that they are a cornerstone of a high quality, cost-effective health care delivery system. This affiliation will enhance our ability to serve the health care needs of low income and vulnerable populations in Massachusetts. We would hope you support our partnership focused on improving access, quality, and health equity in a cost-effective manner for the most needy of our fellow residents."<br /><br />http://commonhealth.wbur.org/2011/08/levy-why-is-partners-acquiring-neighborhood-health-plan/#comment-3361Paul Levyhttps://www.blogger.com/profile/17065446378970179507noreply@blogger.comtag:blogger.com,1999:blog-32053362.post-39188731308702424802011-08-11T16:44:36.028-04:002011-08-11T16:44:36.028-04:00Paul
Is it possible that Partners wants to become ...Paul<br />Is it possible that Partners wants to become a full fledged integrated provider (for better or worse), and the insurance company they assimilate today, will not be the same company five years from now (read: get the license from DOI, then market product lines that appeal to commercial payers). <br /><br />Its their foot in the door, and part of a longer term strategy perhaps? Seems tenable to me.<br />BradAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-32053362.post-91919083093260015452011-08-11T12:13:57.933-04:002011-08-11T12:13:57.933-04:00Sounds interesting. So why didn't the Globe as...Sounds interesting. So why didn't the Globe ask them that question?<br /><br />nonlocalAnonymousnoreply@blogger.com